Tool and Machining Business For Sale

Price: $500,000

Location: Southwestern Ontario

Industry: Tooling and Machining

Listing ID: EBB-MACHINING

Listing Description

BUSINESS CURRENTLY UNDER OFFER!

 

The Company specializes servicing the automotive and other industries. Services are primarily automotive stamping dies, along with tooling and CNC machining work. It provides quality products and services, with repeat and satisfied clientele. All machines are owned by the company, no outstanding loans. The company has contributed significant cash flow to owners over the years, and a new owner(s) could grow revenue through adding new services, such as engineering.

Company Overview:

  • Well established business, over 25 years of industry experience
  • Solid revenue and profit history
  • Repeat customers and production work
  • Excellent quality products and services
  • Wide range of services from machining to stamping dies
  • Fully staffed with experienced personnel

Listing Details

Down Payment: $500,000

Total Sales: $1,600,000

Cash Flow: $260,000

(Included in Price)

Reason For Sale:

Retirement, Other Interests

Training & Support:

Seller will provide transitional training and support

Operation

Year Established: 1993

Days & Hours of Operation: M-F

Owner Hours Per Week: 40

Employees: 8 F/T, 2 P/T

Location

Lease Option: 2 year renewal

Monthly Rent: $7,917

Type of Location: Industrial

Square Footage: 10,000

Facilities Information:

Lease expires June 2023

Summary

Owner Qualifications:

Industry and business experience would be an asset